A and B entered into a business investing Rs. (x + 60) and Rs. (x – 55) respectively. After one year they invested Rs. 120 more and Rs. 150 more respectively. After 2 years, ratio of the profit shares of A to B is 9:7. Find the value of x.
Ratio of profit share of A to B = [x + 60 + x + 60 + 120]:[x – 55 + x – 55 + 150] = [2x + 240]:[2x + 40] According to question; (2x + 240)/(2x + 40) = 9/7 => 14x + 1680 = 18x + 360 => 4x = 1320 => x = 330
“doli incapax” is a word used for?
When a suit for compensation has to be filed by A for wrong done to his movable property by B in Calcutta, A and B both reside in Delhi. Where can the p...
As per Art. 348 of the Indian Constitution, language of Supreme Court and High Court shall be-
During a financial emergency, there may be reduction in salaries and allowances of-
According to Indian Partnership Act, 1932 What entitlement does an outgoing partner or their estate have if the surviving partners continue the busines...
According to the provisions of the Companies Act the amount of the dividend, including interim dividend, shall be deposited in a scheduled bank in a sep...
Section 25 of The Limitation Act, 1963 deals with_______?
1. Mark the incorrect match:
Under Negotiable Instrument Act, no notice of dishonour is necessary
How many section and chapters are there in the Prevention of Corruption Act, 1988?